Aban Offshore resumes operations at ‘Aban IV’ rig

The company had informed on April 7 about the suspension of operations at one of its rigs due to the outbreak of Covid-19.

April 19, 2021 9:50 IST India Infoline News Service

Aban Offshore Limited on Saturday has resumed operations at one of its drilling rigs “Aban IV”, whose operations were suspended owing to an outbreak of Covid-19 from April 7, 2021.

Last week the company had suspended operations at one of its rigs “Aban III” owing to an outbreak of Covid-19.

Aban Offshore provides offshore drilling services to oil companies, including state-owned ONGC.

At around 9.53 am, Aban Offshore Ltd was trading at Rs28.60 per piece down Rs1.20 or 4.03% from its previous closing of Rs29.80 per piece on the BSE.

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